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705 Gatehouse Ln

Durham, NC 27707

1 bd 1 ba 899 sqft Built 1989 Lot 871 sqft townhomes
Most recent sale
$190,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 2, 2024 Sold $240,000 DoorifyMLS
May 9, 2022 Sold $190,000 Public Record
Apr 22, 2022 Listed $160,000 MLS #2444074
Jun 20, 2005 Sold $89,080 DoorifyMLS
Jun 17, 2005 Sold $89,500 Public Record
Jun 30, 2003 Sold $88,500 Public Record
Feb 26, 1998 Sold $68,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $129,247 $90,000 $219,247 $1,738
2024 $129,247 $90,000 $219,247 $1,217
2023 $85,141 $24,000 $109,141 $1,429
2022 $85,141 $24,000 $109,141 $1,396
2021 $85,141 $24,000 $109,141 $1,390
2020 $85,141 $24,000 $109,141 $1,357
2019 $85,141 $24,000 $109,141 $1,357
2018 $73,545 $20,000 $93,545 $1,268
2017 $73,545 $20,000 $93,545 $1,259
2016 $73,545 $20,000 $93,545 $1,217
2015 $73,094 $21,100 $94,194 $1,303
2014 $73,094 $21,100 $94,194 $1,303
2013 $73,094 $21,100 $94,194 $1,263
2012 $73,094 $21,100 $94,194 $1,236
2011 $73,094 $21,100 $94,194 $1,227
2010 $73,094 $21,100 $94,194 $1,222
2009 $73,094 $21,100 $94,194 $1,175
2008 $73,094 $21,100 $94,194 $1,175
2006 $58,198 $16,800 $74,998 $1,058

Property facts

Year built
1989
Property type
townhomes
Stories
Beds
1
Baths
1
Living area
899 sqft
Lot size
871 sqft
ZIP code
27707
City
Durham
Street
Gatehouse Ln
Coordinates
35.96241, -78.96336

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,214
Gross rental yield
7.67%
Implied cap rate
4.98%
Trend-extrapolated value

Frequently asked questions

When did 705 Gatehouse Ln last sell?
705 Gatehouse Ln most recently sold on May 9, 2022 for $190,000.
What is the current tax assessment for 705 Gatehouse Ln?
The most recent total assessment for 705 Gatehouse Ln (year 2025) is $219,247 with $1,738 in property tax.
How does 705 Gatehouse Ln's assessment compare to its last sale price?
The current assessment is 15.4% above the last sale price of $190,000.
When was 705 Gatehouse Ln built?
705 Gatehouse Ln was built in 1989.
How does 705 Gatehouse Ln compare to others on Gatehouse Ln?
We track 8 other properties on Gatehouse Ln. Browse the list under "Other properties on Gatehouse Ln" to compare beds, baths, and sale history.
What are the property facts for 705 Gatehouse Ln?
705 Gatehouse Ln is a 1 bed, 1 bath, 899 sqft, 871 sqft lot townhomes.
Is 705 Gatehouse Ln a flip candidate?
Yes — 705 Gatehouse Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 705 Gatehouse Ln a tax-appeal candidate?
No — 705 Gatehouse Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.3%
Implied 1-yr
+21.2%
2026 Q3
$916.5K
2026 Q4
$952.6K
ZIP 27707 — Median Price History + Forecast

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